sebi on adani, sebi asked for extra time in adani-hindenburg case, court said – no time of 6 months
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Explain that Hindenburg had accused Adani Group of manipulating share prices and giving wrong regulatory information. On this, the court had said on February 10 that there was a need to protect the interests of Indian investors due to volatility in the stock market after the Adani Group shares fell heavily.
Shares of two Adani Group companies out of MSCI index
Morgan Stanley Capital International (MSCI) India Index has announced the removal of Adani Total Gas and Adani Transmission from its list. MSCI said that from May 31, both these companies of the group will be out of the MSCI India Index. After this, the shares of both the companies declined on Friday. Shares of Adani Total closed at the level of 819.30 with 4.18% and Adani Transmission shares also closed down by 3.08%. The companies that will be included in the index are Hindustan Aeronautics, Max Healthcare Institute and Sona BLW Precision.
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